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Nov 6, 2003

Latin American Telecom Operator Expands Size Of Order For Alvarion High Speed Data And Voice Solutions




Tel-Aviv, Israel, November 6, 2003 – Alvarion Ltd. (NASDAQ: ALVR), a leading provider of wireless broadband solutions, announced today that a previous order announced on September 9,2003 for its advanced eMGW™ solutions from a Latin American telecom company has been increased by $17 million to a total of $40 million.. The equipment is due to be shipped during the next few quarters.

The Latin American operator has standardized on eMGW™ as the basis for an extensive 3.5 GHz wireless access network which will bring high-speed Internet and voice services to many of its rural and suburban regions.

“We are proud to have been chosen by this major Telco operator for their massive infrastructure initiative,” said Zvi Slonimsky, CEO of Alvarion. “Our product is a robust, cost-effective solution for bringing new voice and data services to underserved regions. Our experienced professional staff is working closely with the operator’s deployment teams to ensure a smooth deployment according to a tight timetable.”

About Alvarion

Alvarion is dedicated to delivering seamless wireless broadband networking infrastructure to carriers, ISPs and private network operators, in order to leverage their broadband opportunities into sustainable profits. Alvarion offers premier wireless broadband solutions for access in the last mile, backhauling connection to the backbone and private network connectivity. Featuring the industry's most extensive range of products and international support, Alvarion is a pioneering leader of the converged wireless broadband network.

With over 1.5 million units deployed in 120 countries worldwide, Alvarion provides secure rich-media networks for business or residential Internet access, corporate VPNs, cellular base station feeding, community interconnection, public safety connectivity and extended Hotspots. Having recently acquired InnoWave's wideband access portfolio and expertise, Alvarion provides a complete wireless solution that supports a wide range of frequency bands, customer profiles and service types.

This press release may contain forward -looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations or beliefs of Alvarion’s management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward -looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: inability to further identify, develop and achieve success for new products, services and technologies; increased competition and its effect on pricing, spending, third-party relationships and revenues; as well as the inability to establish and maintain relationships with commerce, advertising, marketing, and technology providers and other risks detailed from time to time in filings with the Securities and Exchange Commission.

Information set forth in this press release pertaining to third parties has not been independently verified by Alvarion and is based solely on publicly available information or on information provided to Alvarion by such third parties for inclusion in this press release. The web-sites appearing in this press release are not and will not be included or incorporated by reference in any filing made by Alvarion with the Securities and Exchange Commission which this press release will be a part of.

You may request Alvarion's future press releases or a complete Investor Kit by contacting Carmen Deville, Investor Relations: carmen.deville@alvarion.com or 760-517-3188
 

 


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